Help!!

mattblack

Hi Guys, im in need of some help!!

Over the past two years i have run up a considerably amount of debt! in particular 7.5k on a credit card, im only paying back the minimum repayments and it feels like im getting nowhere fast. The 0% is about to run out and i cant balance transfer the amount to new account, i really want to start paying off the debt, not just the interest?

What can i do?

Thanks

Matt

Moggles_2

I can't transfer the balance to a new account

Why? You cannot request a specified credit limit of course but, if the worst happens, Martin's advice is to transfer what you can. (See Martin's *Credit Card Limit: didn't get what you wanted?* article.) You'll still save money

http://www.moneysavingexpert.com/cards/bad-credit-rating

Is it possible to move any balance remaining to a new card in your partner's name,
if there is one?

Alternatively, you may be able to reduce your costs using credit cards you already hold.
For details, see Martin's *Credit Card Shuffle*article.

http://www.moneysavingexpert.com/car...-card-interest